StockNews.com Initiates Coverage on Trevena (NASDAQ:TRVN)

Equities researchers at StockNews.com started coverage on shares of Trevena (NASDAQ:TRVN) in a research note issued on Sunday. The brokerage set a “sell” rating on the biopharmaceutical company’s stock.

Trevena Stock Up 12.9 %

TRVN stock opened at $1.27 on Friday. Trevena has a 52 week low of $0.95 and a 52 week high of $11.25. The stock has a market capitalization of $1.09 million, a PE ratio of -0.03 and a beta of 1.10. The firm has a 50 day moving average of $1.41 and a 200 day moving average of $1.64.

About Trevena

Trevena, Inc, a biopharmaceutical company, focuses on the development and commercialization of novel medicines for patients affected by central nervous system disorders. Its lead product candidates include OLINVYK (Oliceridine) injection, a G protein biased mu-opioid receptor (MOR) ligand for the management of moderate-to-severe acute pain; TRV250, a G protein biased delta-opioid receptor agonist for the treatment of acute migraine; TRV734, a small molecule G protein biased ligand of the MOR for the treatment of moderate-to-severe acute and chronic pain; and TRV045, a novel S1P modulator for managing chronic pain.